Sandstone Technology Positioned as the Leader in the 2022 SPARK Matrix™ for Digital Banking Platforms by Quadrant Knowledge Solutions

• The Quadrant Knowledge Solutions SPARK Matrix™ gives aggressive evaluation & rating of the main Digital banking platforms distributors.
• Sandstone Technology, with its complete expertise and buyer expertise administration, has acquired robust scores throughout the parameters of expertise excellence and buyer influence.

MIDDLETON, Mass., Aug. 01, 2022 /PRNewswire/ — Quadrant Knowledge Solutions introduced in the present day that it has named Sandstone Know-how a 2022 expertise chief within the evaluation of world SPARK Matrix™: Digital banking Platforms market, 2022.

The Quadrant Data Options’ SPARK Matrix™ features a detailed evaluation of the worldwide market dynamics, main traits, vendor panorama, and aggressive positioning. The examine gives aggressive evaluation and rating of the main expertise distributors within the type of its SPARK Matrix™. The examine gives strategic info for customers to guage completely different supplier capabilities, aggressive differentiation, and market place.

In response to Megha Rungta, Analyst, Quadrant Data Options, “Sandstone’s enterprise-class, predictive-powered digital banking platform titled BXP platform is provided with strong digital banking capabilities that allow customers to achieve complete buyer insights, ship personalised buyer expertise and obtain open banking compliance. The corporate continues to ship worth to its clients by its key expertise differentiators, together with best-of-breed native cell functions, assist for the digital expertise platform, the flexibility for banks to develop their very own performance and widgets, elevated scalability with Kubernetes assist, and integration with the corporate’s native DIVA resolution.” Megha added: “With its capability to cater to various use instances, strong product technique and roadmap, and powerful business experience, Sandstone Know-how has acquired a powerful score throughout the parameters of expertise excellence and buyer influence and has been positioned amongst the chief within the SPARK Matrix: Digital Banking Platforms, 2022.”

Abhish Saha, Government Normal Supervisor, Digital Banking, Sandstone Know-how commented, “Banking digital transformation is a should now greater than ever with the fast tempo of change within the present monetary panorama. For monetary establishments to set themselves other than opponents finally means innovating at velocity and consistently discovering methods to reinforce and futureproof their monetary eco-system.”

Saha additional added, “It is about adopting a holistic view to determine the place the complicated will be made easy. Putting buyer expertise on the coronary heart of companies goals helps to create a digital banking providing that aligns with buyer expectations, whereas empowering clients and financial institution staff to have higher experiences.”

A digital banking platform allows banks to drive their digital transformation initiatives and supply clients with a seamless and cohesive banking expertise throughout all digital touchpoints. The platform serves as a framework for monetary establishments to achieve full management over their digital technique and permit them to switch and optimize points of their operations throughout each machine and channel.

The digital banking platform’s key worth propositions corresponding to capturing omnichannel buyer suggestions/expertise knowledge, assessing buyer suggestions, closing the loop and constantly monitoring inside and exterior knowledge factors to enhance services and products, decreasing churn, enhancing buyer lifetime worth, and growing buyer acquisition and retention, are driving the expertise’s market progress throughout geographies and business segments. Owing to the rising competitors and exponential progress alternatives, a number of new distributors are rising with revolutionary expertise choices. Main digital banking platform distributors are making important investments in enhancing AI and machine studying capabilities of their merchandise to assist a variety of selling and CX use instances and are leveraging automation and superior analytics to enhance the general marketing campaign efficiency and effectiveness.

Further Assets:

• For extra details about Sandstone Know-how go to here

About Sandstone Know-how

For over 25+ years Sandstone Know-how has been remodeling banking experiences, innovating and simplifying the client journey and banking worker expertise. Our excessive shopper retention fee is our proudest achievement with 30+ monetary establishments throughout Australia, New Zealand, Asia and the United Kingdom inserting their belief in our options. From digital banking, digital acquisition, mortgage origination and AI-driven clever doc processing, Sandstone companions with world banks and monetary establishments to scale back danger, keep progress and create efficiencies throughout their digital transformation applications.

About Quadrant Data Options

Quadrant Data Options is a worldwide advisory and consulting agency centered on serving to shoppers in attaining enterprise transformation objectives with Strategic Enterprise and Development advisory providers. At Quadrant Data Options, our imaginative and prescient is to turn out to be an integral a part of our shopper’s enterprise as a strategic information accomplice. Our analysis and consulting deliverables are designed to offer complete info and strategic insights for serving to shoppers formulate progress methods to outlive and thrive in ever-changing enterprise environments.

For extra accessible analysis, please go to https://quadrant-solutions.com/market-research/ 

Media Contacts:
Sandstone Know-how 
Emily Bailey
media@sandstone.com.au 

Quadrant Data Options
Riya Mehar
rmehar@quadrant-solutions.com

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SOURCE Quadrant Data Options